Salaries have risen across the board according to the Cpl Resources 2019 Salary Guide.
Due to skills shortages and high demand in some sectors, wages are rising much faster and higher than others. However, there is an overall average increase of 3.9% across the board. This follows the trend of continued, year on year wage increases for the last five years.
The sectors which Cpl includes within the Salary Guide include Accountancy, Finance, Engineering, Construction and Property, Financial Services, Legal, HR, Insurance, Languages, Marketing, Office Support, Retail, Sales, Science, Supply Chain & Procurement, and Technology.
The best-paid roles in Ireland include:
- EMEA Head of fund services/ Board Level
- Chief Actuary
- Audit Partner
- Chief Data Officer
- Chief Compliance Officer
- Head of Risk and Control
- Salaried Legal Partner
'The Employment Market is currently very buoyant,' said Rob Daly, Senior Director, Cpl Resources plc. 'Good candidates are becoming harder to find, and clients have reduced the interview process to avoid losing potential talent'.
'Our salary guide is very popular, allowing candidates to benchmark their own payment level. In our most recent Employment Market Monitor, our survey showed that 2/3 of employees don't believe they are being paid enough'.
'Further, we are seeing that Brexit is causing market uncertainty, making the contract position market stronger,' he concluded.
For more insights into wages in Ireland download the 2019Salary Guide.
Rob also joined Newstalk Breakfast to discuss the Salary Guide and the current state of Irish salaries in 2019. Listen to it below.